How often do you think to yourself – no one can understand our challenges because they are so unique to your business. People say they have been through our problems but what we are doing is unique. We can’t possibly have the same problems. This is what happens when we confuse our passion for their business with the notion that these problems exist for virtually all entrepreneurs.ย
“Your vision is unique. Your problems are not. Once you accept this, you have a much better chance of bringing that vision to life with a strong business foundation under it.”ย
Your problems are not unique. The first time someone told me this I thought they were insane. But itโs true. Every startup shares the same problems. First and foremost, we all su๏ฌer from the issues endemic to new and developing businessesโlack of capital, lack of qualified team members and a lack of time to execute across all parts of the company. You are faced with creating the building blocks of a business, building a business model, gaining market acceptance, creating operational capacity and doing so with strained or nonexistent resources. In addition, we all have to build the functional areas of a companyโsales, marketing, finance, operations, technology, human resources and the list goes on. This is true whether you are opening a pizza store, launching a clothing line, building an online store or selling jewelry. These same problems exist in virtually every newly launched venture.
The Implications
When entrepreneurs believe their issues are unique, they shun support and direction from experienced business people offering valuable advice. They believe they are operating under a different set of parameters. As a result, they isolate themselves and hunker down in their perspective. Itโs a bunker mentality. As more people try to help, they feel more isolated and hunker down further.
What keeps running through the entrepreneurโs head is, โUnless you are here every day, you canโt understand our issues.โ Itโs trueโpeople who have only worked in larger organizations or have not put their money, career and lifestyle on the line may not understand what the entrepreneur goes through on a daily basis. Yet, responding with a bunker mentality or defensive attitude prevents you from taking advantage of established tools, business principles, guidance from others and supportive mentor- ship. More importantly, your belief that no one understands your specific situation isolates both you and your team, not only from the knowledge of the larger business world, but of those in the entrepreneurial community.
The reality is, in fact, quite the contrary. There are many experienced entrepreneurs who have โbeen there, done thatโ and can lend valuable support. Other entrepreneurs also understand the natural insecurities that can take over, especially in the early chaos of launching your business. We are not insulting the uniqueness of your business. No one is questioning the dedication it takes. However, when it comes to accessing much needed resources and direction, defending your โdifferenceโ is not only incorrect, it is not in the best interest of your company.
Your vision is unique. Your problems are not. Once you accept this, you have a much better chance of bringing that vision to life with a strong business foundation under it.